Artificial Lawyer Reports on Key Developments in Legal Tech

Claude Fable, the AI-powered legal tool, has made significant strides in its latest iteration. According to Mark Pike, who leads Claude for Legal, the model's performance is impressive, with Crosby and Harvey benchmarks showing notable improvements. In a social media post, Pike mentioned that Crosby scored its redlines against their current model, while Fable 5 outperformed Opus 4.8 on the Harvey open-source Legal Agent Benchmark.

Claude Fable 5 has achieved top spot on the leader board with a score of 13.3% in achieving lawyer-level success at complex legal workflows. This is a significant improvement over previous models, and experts predict that if this trend continues, it could have far-reaching implications for the legal market.

Steno, a pioneer in tech-enabled court reporting and litigation support services, has appointed Prabhdeep Singh as its new Chief Executive Officer. Singh previously served as Steno's Chief Operating Officer and succeeds Co-Founder Greg Hong, who will continue to support the company via the Board of Directors. The appointment comes after Steno raised $49 million in a Series C funding round, which it plans to use for AI tool development and expanding its Big Law client base.

Singh commented on his new role, stating that he is 'honoured' to lead Steno at this pivotal moment as the company scales into one of the largest legal tech platforms in the USA. He emphasized Steno's unique position as both a services provider and a tech company, allowing it to build AI capabilities that software-only companies cannot replicate.

Billables AI has secured $10.2 million in Series A funding led by Avenue Growth Partners. The new capital will be used for research and development, expanding its ecosystem of legal technology partnerships, and accelerating go-to-market efforts. Billables AI stands out from other time recording systems with its ability to integrate directly with tools attorneys already use.

Spellbook has launched a $1 million Legal Fellowship Fund to support law students working at the intersection of law, systems thinking, and technology. Fellows will receive funding, mentorship, full access to Spellbook, and beta features, as well as the opportunity to build something that could fundamentally change how legal work gets done.

Legora is partnering with Wolters Kluwer to bring US statutory and regulatory law information into its AI platform. Legora users can now access continuously updated US statutes, regulations, executive orders, and federal legislation from Wolters Kluwer Legal & Regulatory US.